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Modularity Meets Smart Charging: Sungrow Unveils Ultra-fast EV Charger IDC480E-C at Power2Drive
A-shares fluctuate丨The solar energy stocks collectively rose, Sungrow Power Supply increased by over 6%, and Shanghai Aiko Solar Energy rose by 3%.
On May 12, Gelonghui reported that A-share solar stocks collectively rose, with the leader Sungrow Power Supply increasing by over 6%, Shihang New Energy rising by 4.3%, Deye Shares increasing by 3.8%, Shanghai Aiko Solar Energy, Jiangsu Goodwe Power Supply Technology Co.,Ltd., and Daqo New Energy all rising by 3%, while Trina Solar Co., Ltd., JinkoSolar, and LONGi Green Energy Technology saw increases of over 2%. According to a research report from CSC, the profitability of the solar industry is expected to decline significantly based on conditions from the 2024 annual report and 2025 first quarterly report. However, the current research report suggests that the bottom of the solar industry's financial statements has already appeared. The substantial impairment of fixed assets in the fourth quarter and the impact of Southeast Asia's double anti-dumping measures in the first quarter have been reflected in the statements, with further decline in profitability expected.
Explore Sungrow's Latest C&I Solutions at Intersolar Europe 2025: Empowering Businesses With Flexibility
Sungrow Power Supply (300274): A leader in the solar storage Industry, with Q1 performance exceeding expectations.
Performance situation: In 2024 and the first quarter of 2025, results continue to exceed expectations, and the energy storage Business is rapidly increasing in volume. The company achieved revenue of 77.857 billion yuan in 2024, a year-on-year increase of 7.76%; Net income attributable to the parent company was 11.036 billion yuan, a year-on-year increase of 1.
Sungrow Power Supply (300274): The position as a leader in solar and energy storage is solid, with steady growth in the revenue and profitability of the energy storage systems.
Event: The company released the 2024 annual report and the first quarter report of 2025. The company achieved revenue of 77.857 billion yuan in 2024, a year-on-year increase of 7.76%; net income attributable to the parent company was 11.036 billion yuan, a year-on-year increase of 16.92%; excluding
Introducing Sungrow Charging IDC480E-C: Powering the Future With Flexibility, Scalability, and Smart Charging